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Quarterly report

Dubai property market — Q3 2020

Every figure below comes from sale transactions registered with the Dubai Land Department and dated inside Q3 2020. Mortgages and gifts are excluded; the register's own record of a sale is the only source.

Sales7,829Registered in Q3 2020down13.6% vs a year earlier
Total valueAED 16.67BRegistered in Q3 2020Across 113 communities
Price per sqftAED 834/sqftMedian across Q3 2020down10.6% vs a year earlier
Sale priceAED 1.11MMedian across Q3 202032% sold off-plan

In a sentence

The Land Department registered 7,829 property sales in Q3 2020, worth AED 16.67B in total, across 113 communities. That is 14% fewer than the same quarter a year earlier.

The median sale was AED 1,110,000 at AED 834/sqft, 10.6% below the same quarter last year. 32% of sales were off-plan.

Marsa Dubai was the busiest community with 579 registered sales, while Hadaeq Sheikh Mohammed Bin Rashid took the most money at AED 1.79B.

Against the previous quarter, Al Yelayiss 2 rose 427% to 522 sales, while Al Merkadh fell 41% to 320.

Sales by quarter

Price per square foot by quarter

Median price per sqft

Where the sales were

The fifteen communities with the most registered sales in Q3 2020, and how each moved against the quarter before.

CommunitySalesvs priorTotal valueMedian pricePrice/sqftOff-plan
Marsa Dubai579+23.2%AED 1.17BAED 1.39MAED 1,176/sqft23%
Al Barsha South Fourth565+48.3%AED 391.69MAED 590KAED 862/sqft53%
Al Yelayiss 2522+427.3%AED 494.46MAED 937KAED 858/sqft10%
Business Bay478+29.2%AED 720.66MAED 1.05MAED 1,256/sqft42%
Al Thanyah Fifth371+122.2%AED 490.71MAED 678KAED 663/sqft19%
Burj Khalifa364+72.5%AED 1.04BAED 1.85MAED 1,700/sqft31%
Al Warsan First358+79.0%AED 146.21MAED 315KAED 485/sqft37%
Palm Jumeirah334+116.9%AED 1.03BAED 1.35MAED 1,607/sqft50%
Al Merkadh320-40.9%AED 717.96MAED 1.14MAED 1,505/sqft85%
Al Hebiah Fourth280+191.7%AED 253.33MAED 451KAED 519/sqft19%
Hadaeq Sheikh Mohammed Bin Rashid256+4.5%AED 1.79BAED 2.11MAED 882/sqft39%
Wadi Al Safa 5247-18.2%AED 457.45MAED 1.30MAED 805/sqft49%
Nad Al Shiba Third227+467.5%AED 553.93MAED 2.40MAED 475/sqft0%
Al Khairan First221+37.3%AED 345.68MAED 1.42MAED 1,469/sqft95%
Jabal Ali First219+151.7%AED 355.66MAED 1.28MAED 581/sqft8%

Where the money went

Ranked by total registered value rather than count — a different list, and the one that shows where capital actually landed.

CommunityValueSales
Hadaeq Sheikh Mohammed Bin RashidAED 1.79B256
Marsa DubaiAED 1.17B579
Burj KhalifaAED 1.04B364
Palm JumeirahAED 1.03B334
Business BayAED 720.66M478
Al MerkadhAED 717.96M320
Al Thanayah FourthAED 599.04M126
Nad Al Shiba ThirdAED 553.93M227
Al Yelayiss 2AED 494.46M522
Al Thanyah FifthAED 490.71M371

Biggest movers

Change in registered sales against the previous quarter. Limited to communities with at least 50 sales in both — below that a swing is noise.

CommunitySalesChange
Al Yelayiss 2522+427.3%
Al Hebiah Fourth280+191.7%
Jabal Ali First219+151.7%
Al Thanyah Fifth371+122.2%
Palm Jumeirah334+116.9%
Nadd Hessa162+80.0%
Al Warsan First358+79.0%
Burj Khalifa364+72.5%
Al Hebiah Third147+61.5%
Wadi Al Safa 7116+52.6%

The largest sales of Q3 2020

Each row links to its own register record, so any figure in this report can be traced to the transactions behind it.

Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
4 Sept 2020Hadaeq Sheikh Mohammed Bin Rashid—LandExisting PropertiesNot specified14,249,972 sqftAED 70/sqftAED 997,497,114
28 Sept 2020Marsa Dubai—Dubai MarinaVillaExisting PropertiesNot specified94,126 sqftAED 2,658/sqftAED 250,200,000
17 Sept 2020Nad Al Hamar—LandExisting PropertiesNot specified41,528 sqftAED 2,829/sqftAED 117,500,000
17 Sept 2020Al Nahda Second—BuildingExisting PropertiesNot specified30,000 sqftAED 3,667/sqftAED 110,000,000
14 Sept 2020Al Nahda Second—BuildingExisting PropertiesNot specified30,000 sqftAED 3,667/sqftAED 110,000,000
8 Sept 2020Saih Aldahal—LandExisting PropertiesNot specified109,483,846 sqftAED 1/sqftAED 109,483,951
2 Sept 2020Nadd Hessa—Silicon OasisBuildingExisting PropertiesNot specified76,124 sqftAED 1,261/sqftAED 96,000,000
5 Aug 2020Al Barsha First—BuildingExisting PropertiesNot specified18,591 sqftAED 3,980/sqftAED 74,000,000
20 Aug 2020Al Thanayah FourthADDRESS MONTGOMERIEEmirates LivingHotelExisting PropertiesNot specified50,374 sqftAED 1,342/sqftAED 67,594,180
1 Jul 2020Al Barshaa South ThirdKYOTO BY ORO24ArjanLandExisting PropertiesNot specified64,610 sqftAED 963/sqftAED 62,236,860

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.